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51 Market St

Red Hook, NY 12571

5 bd 2 ba 2,264 sqft Built 1870 Lot 13,504 sqft single_family
Most recent sale
$625,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $625,000 MLS #406538
Mar 24, 2022 Listed $625,000 MLS #406538
Jun 3, 1985 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $448,000 $77,800 $525,800 $11,912
2024 $407,300 $70,700 $478,000 $11,491
2023 $338,900 $60,100 $399,000 $11,418
2022 $280,900 $60,100 $341,000 $11,025
2021 $267,800 $60,100 $327,900 $10,928
2020 $267,800 $60,100 $327,900 $10,919
2019 $267,800 $60,100 $327,900 $10,797
2018 $267,800 $60,100 $327,900 $9,905
2017 $267,800 $60,100 $327,900 $9,777
2016 $267,800 $60,100 $327,900 $10,534
2015 $267,800 $60,100 $327,900 $9,772
2014 $267,800 $60,100 $327,900 $7,386
2013 $267,800 $60,100 $327,900 $9,916
2012 $271,100 $60,100 $331,200 $8,769
2011 $271,100 $60,100 $331,200 $8,468
2010 $296,000 $60,100 $356,100 $8,058
2009 $300,500 $61,000 $361,500 $1,175
2008 $300,500 $61,000 $361,500 $1,111
2007 $311,500 $61,000 $372,500 $1,111

Property facts

Year built
1870
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,264 sqft
Lot size
13,504 sqft
ZIP code
12571
City
Red Hook
Street
Market St
Coordinates
41.99622, -73.87784

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 51 Market St last sell?
51 Market St most recently sold on May 19, 2022 for $625,000.
What is the current tax assessment for 51 Market St?
The most recent total assessment for 51 Market St (year 2025) is $525,800 with $11,912 in property tax.
How does 51 Market St's assessment compare to its last sale price?
The current assessment is 15.9% below the last sale price of $625,000.
When was 51 Market St built?
51 Market St was built in 1870.
How does 51 Market St compare to others on Market St?
We track 8 other properties on Market St. Browse the list under "Other properties on Market St" to compare beds, baths, and sale history.
What are the property facts for 51 Market St?
51 Market St is a 5 bed, 2 bath, 2,264 sqft, 13,504 sqft lot single_family.
Is 51 Market St a flip candidate?
No — 51 Market St does not appear in our flips dataset.
Is 51 Market St a tax-appeal candidate?
No — 51 Market St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+9.8%
2026 Q2
$724.4K
2026 Q3
$739.8K
ZIP 12571 — Median Price History + Forecast

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